Economic Diversification Policy in Context of Azerbaijan's Accession to WTO

The main objective of this article is the analysis of the accession of Azerbaijan to the WTO, the advantages and disadvantages associated with this accession, the macroeconomic effects, CGE modeling, and analyzing the outcomes obtained through endogenous combinations. This paper will also enable to determine the positive influential elements as a result of the WTO accession, the changes in tariffs during import and export, and the impact on the domestic entrepreneurial entities and employment.